Qmb 3200 final flashcards - Study guides, Class notes & Summaries

Treatments - ANSWERSDifferent Levels of a factor Response Variable - ANSWERSAnother word for the dependent variable of interest. Factor - ANSWERSAnother word for the independent variable of interest. Anova Table - ANSWERSA table used to summarize the analysis of variance computations and results. It contains columns showing the source of variation, the sum of squares, the degrees of freedom, the mean square, the F value(s), and the p-value(s). Analysis of Variance (ANOVA) - ANSWERSca...

Analytics is the scientific process of transforming data for decision making. There are three broad areas of data analytics. Descriptive Analytics which describes what has happened in the past. Predictive Analytics uses statistical models from past data to predict the future [forecasting] or assess the impact of one variable on another [inference]. Prescriptive Analytics uses models seeking to find a best (optimal) solution. Often these are some type of optimization mode...

Analytics is the scientific process of transforming data for decision making. There are three broad areas of data analytics. Descriptive Analytics which describes what has happened in the past. Predictive Analytics uses statistical models from past data to predict the future [forecasting] or assess the impact of one variable on another [inference]. Prescriptive Analytics uses models seeking to find a best (optimal) solution. Often these are some type of optimization mode...

Treatments - ANSWERSDifferent Levels of a factor Response Variable - ANSWERSAnother word for the dependent variable of interest. Factor - ANSWERSAnother word for the independent variable of interest. Anova Table - ANSWERSA table used to summarize the analysis of variance computations and results. It contains columns showing the source of variation, the sum of squares, the degrees of freedom, the mean square, the F value(s), and the p-value(s). Analysis of Variance (ANOVA) - ANSWERSca...

Treatments - ANSWERSDifferent Levels of a factor Response Variable - ANSWERSAnother word for the dependent variable of interest. Factor - ANSWERSAnother word for the independent variable of interest.

Data facts and figures collectively, analyzed, summarized for presentation and interpretation. Data set all the data collected for a particular analysis Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:00 Full screen Elements entities on which data are collected. (COLUMN A, United States, China, Brazil) Variable A characteristic of interest of an element. (COLUMN B,C,D AND E, wto status, per capita gdp, fit...

QMB 3200 Final Flashcards.

QMB 3200 Final Flashcards